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Property profile & analytics
OFF-MARKET
Land

1808 Arrington Rd College Station, TX 77845

19.8 ac lot
Property ID
US82-4770230
Property summary
AI-generated overview

This exceptional 19.8-acre tract presents a prime opportunity for multifamily development in South College Station, Texas. Strategically located between Greens Prairie Reserve and The Ranch at Arrington apartments, near Tower Point, this property boasts approximately 355 feet of frontage on Arrington Road and a depth of 1,505 feet. The gently sloping topography is free of floodplains, enhancing its development potential. Existing utilities, including a 12-inch Wellborn Water line and 3-phase electrical service, are readily available on-site, with sewer connection requiring separate arrangement. Currently zoned R-Rural, the seller is committed to assisting the buyer with the rezoning process to MF-Multifamily. This property offers significant advantages for developers seeking a well-situated, sizable parcel in a thriving Texas community. The asking price for this exceptional development opportunity is $3,665,000. The address is 1808 & 1864 Arrington Rd, College Station, TX 77845.

Property profile
Verified
Property type Land
Lot 19.8 ac (862,488 SF)
UPID US82-4770230
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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